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Earlier this week, IndustryNet reported on scrap metal processing in the U.S., with new data indicating the sector may be poised for a rebound. With so many scrap metal processors out there, it's a challenge to find one that meets your exact specifications. When looking for a scrap metal recycler, many companies might assume the most important factor is the price they receive for scrap. Of course this is an important consideration, but there are several other things to think about before settling with scrap recycler -- which can ultimately affect your bottom line, including:
1. What types of metal does the scrap metal recycler process?
Companies that produce many different types of metal should find a company that can process it all. This may seem obvious, but it is important to note...(Full Article)

According to recent data collected by IndustryNet, U.S. scrap metal processing companies reported improving market conditions between April 2016 and April 2017. As 2017 moves forward, IndustryNet data suggests companies in the scrap metal industry may continue to recover. Here is a look at some of the largest scrap metal processors operating in the country.
Top 10 U.S. scrap metal companies by employment
The latest data from IndustryNet ranks the top scrap metal companies in the U.S. based on employment, square footage, and sales. All of these companies operate in the Midwest and the South, which dovetails with regional differences among U.S. scrap metal processors.
The top 10 employers were:
1. Audubon Metals, LLC
2. Gold Metal Recyclers, Inc.
3. Harris Waste Management Group,...(Full Article)

U.S. scrap metal processors have faced numerous market challenges since the 2008 global economic downturn. In 2016, AmericanRecycler reported price declines for all scrap metal. Scrap steel, copper, and aluminum were all down between 40 and 60 percent just over the last couple of years.
But there's hope for a rebound. The price of scrap metal touched $220 per ton in late January before "mounting a robust recovery." Likewise, IndustryNet data shows that the scrap metal business in 2017 appears to be on the cusp of recovery.
The landscape
As of April 2017, more than 518 scrap metal plants operated in the U.S. IndustryNet's latest data identified domestic distribution at 392 companies. Forty companies imported raw materials and 112 companies distributed internationally.
Percentage wis...(Full Article)

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